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94 West Main StreetVergennes, VT 05491MLS Number 4246144

  • Price: $1,549,000The price has recently decreased
  • 1530 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 4.9Acreage
  • Res/commZoning
  • 341Road Frontage

Income $381,239 for 2016, Occupancy 48.05% Great Financing Available. Interest rate 4.25%, 15% down, 5% working capital . See virtual tour. Strong House Inn 4.9 acres, highly traveled RT 22A & has 14 Suite/Guest Rooms, 18 bathrooms, 2 dining rooms, library, Great room, Conference center. 2 owner's quarters: living, dining, bedroom room, spa bathroom, & large second story deck with staircase. The main house attic has been converted to a space for family or staff with living room, bathroom, 2 bedrooms & bathroom. Inn is licensed for 30 guests and 30 guests in the restaurant. It is also approved for private party functions up to 50 people. It has a full liquor, beer and wine license. There are 3 fire places in the main house and 3 fireplace in Rabbit Ridge building built in 1998. All heating and air conditioning systems are newly installed or have been updated. Over the last 3 years it has had an excellent NOI & is offered at a 10.5 CAP Rate. No deferred maintenance. Room rates between $120 & $350. Reservations up 16% in 2016

Listed by John Nelson and Christine Fraioli of Four Seasons Sotheby's Int'l Realty

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South Burlington VT, 05403

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More Info

Basic Information

  • Modification Date06/29/2017
  • List Price$1,549,000
  • Date Listed2013-06-14T00:00:00
  • StatusACT
  • MLS Number4246144

Interior

  • BasementFull, Partial

Utilities

  • UtilitiesDSL - Available
  • FuelGas - LP/Bottle, Oil
  • Heating CoolingBaseboard, Hot Water

Location

  • Zip05491
  • StateVT
  • Building Number94
  • TownVergennes
  • CountyAddison
  • AreaNeighborhood, Suburban
  • StreetWest Main Street

Exterior

  • Parking Spaces0
  • RoofShingle, Slate
  • ExteriorWood Siding

Amenities

  • Accessibility AmenitiesAccess Parking, Paved Parking

Building

  • Square Feet8849
  • Year Built1834
  • FoundationFieldstone
  • Units15
  • ConstructionWood Frame

Property

  • Property TypeCommercial Sale
  • Road Frontage341
  • ZoningRes/comm
  • Lot Sqft213444
  • TypeBusiness, Hospitality
  • SignageAdequate
  • Acreage4.9

Other

  • Broker NameFour Seasons Sotheby's Int'l Realty
  • Agent NameNelson
  • bloggingYes
  • AC percent100
  • Book50
  • Transport AccessMajor Road Access, State Highway, Paved
  • Page458-460
  • Delayed ShowingsNo
  • Number of Photos30
  • View Count12
Broker Reciprocity

Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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Preferred Properties

  • 147 Knight Land
  • Williston, VT
  • 05495
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